Raquel Elias, CAfIT Ltd

Our Company, CAfIT ltd was acquired by Odyssey Financial Technologies in May 2007. CAfIT provides advanced front office Fixed Income, Derivatives & Balanced Fund software solutions to leading international asset management institutions. We believe that the combination of Odyssey's product range and the proven CAfIT solution creates a powerful new Front Office solution set for portfolio management, enabling us to reach out to new markets, as well as improving the service to our existing customer base.

We engaged Westchester to assist us in finding the right strategic partner to take CAfIT to the next level, widen our geographic reach and achieve our objective of becoming a market leading provider of front office software solutions to institutional asset managers worldwide.

Westchester did an excellent job throughout the sale process, were very responsive and always available when required. They managed and led the conversations with potential buyers, and when we selected our preferred partner, Odyssey, they were able to drive a programme of complex negotiations. The level of commitment, drive and enthusiasm for the deal was unwavering, and their domain knowledge of our business area proved essential not only in selecting the initial list of potential strategic buyers, but also in evaluating the detailed strategic fit with each of our shortlisted acquirers. It was a delight to work with Westchester and we would definitely recommend them to others.

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